Blog
TINGA TINGA ROBOT EA MT4 – Full Input Settings Analysis
Tinga Tinga Robot Ea is a sophisticated expert advisor tailored for Forex trading on the MetaTrader 4 platform. Engineered to enhance trading efficacy, it incorporates advanced algorithms and offers versatile settings that adeptly adjust to varying market dynamics, ensuring precise identification of strategic entry and exit points.
Buy TINGA TINGA ROBOT EA product here
General Information
- EA Name: TINGA_TINGA_ROBOT_EA_V23
- Magic Number: 3328 → This is used to identify this EA’s trades and differentiate them from others to avoid conflicts.
Money Management
- Percent_Balance = 100 → The EA employs 100% of account equity to determine position size.
- Implication: Lot size grows in proportion as account balance grows, which can lead to higher risk if there are no other limiting factors.
Technical Strategy
- RSI_Period = 14 → Uses the Relative Strength Index (RSI) with a default period of 14 to identify overbought/oversold levels.
- Likely opens trades when RSI crosses above/below certain levels (usually 30/70 or 20/80, not specified though).
Profit & Loss Management
- Percent_Profit = 1000% → Extremely high profit target (10x account balance). Usually more of a theoretical setting, which essentially lets the EA run indefinitely without closing itself off.
- Percent_Loss = 50% → Maximum drawdown allowed is 50% of account equity. When this is achieved, the EA closes trades or stops to rescue the account.